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SAPs and Education Spending Analysis

ABOUT THE PROJECT

This project is about the relation of the World Bank and IMF's Structural Adjustment Programs to long-term stagnation or decline in education spending in the countries of the Global South.

Tools Used

In order to conduct this research I used SQL to clean up, organize, aggregate and filter the data. Tableau was used to create the visualization dashboard with the bar chart and the box plot.

Key Findings

Following 4+ decades of structural adjustment and policy change, the distribution of education spending has essentially returned to those observed in the Peak SAP era, rendering the projects wildly unsuccessful even by the standards of IMF and the World bank. Or in the words of the Chairman of President Clinton’s Council of Economic Advisers and Chief Economist for the World Bank Joseph Stiglitz in "Globalization and its Discontents" (2002) : “The main problem with structural adjustment policies, was overreliance on the unregulated free market to produce efficient outcomes. They did not allow for government interventions that could guide economic growth, especially economic policies ensuring equitable distribution of the benefits of growth.”

Dashboard

Find the interactive visualization here: https://public.tableau.com/app/profile/fatya.baghirova/viz/SAP_Education_Spending_Analysis/Dashboard1

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